Northeast Alabama
They don't prioritize hiring a "seasoned" bookkeeper. So either the Pastor does the bookkeeping, or he or she corrals a member with "financial", or "organizational" skills to turn it over.
FT Walton Church Bookkeeping LLC is a great choice for churches that have many volunteers and staff. Its primary benefit is the ability for many users to take on different roles. FT Walton Church Bookkeeping LLC is a great option for churches that don't have an accountant or administrator. It allows everyone to play a different role in the tracking of your finances and budgets.
Your church's leaders and administrative staff will be free to concentrate on the church’s mission instead of its bookkeeping.
They don't prioritize hiring a "seasoned" bookkeeper. So either the Pastor does the bookkeeping, or he or she corrals a member with "financial", or "organizational" skills to turn it over.
FT Walton Church Bookkeeping LLC prides itself on offering the most affordable church and nonprofit accounting in Suwanee and Lawrenceville, Gwinnett and throughout the state. Nonprofits are an integral part in every community. They are essential in creating strong communities. Our team supports them in their growth, success, and well-being. There are many benefits to outsourcing your church's or nonprofit's accounting. Contact us to discuss how we can help your church or non-profit. We are always available to assist.
Our passion is church bookkeeping! We really enjoy keeping books for small non-profits and churches. There are many mistakes in bookkeeping that could have been avoided if a bookkeeper had learned how to do it properly.
Even if you have a church member who is a certified accountant or bookkeeper, hiring a specialist for your church's bookkeeping needs will likely be a large investment. We recommend that you make this an important priority. Three ways that investing in your church will benefit you are:
Long time church bookkeepers were often confused with accountants. However, they are charged with very different duties. The financial records of the church are kept by bookkeepers, which includes income and expense records. They should keep track of every transaction and the date. They also have to keep records of every transaction and ensure that the accounting procedures are accurate. Accountants are able to perform all of the tasks of bookkeepers as well as provide consulting, auditing, financial planning, payroll processing, tax planning, and financial planning.
In a non-profit organization, such as a church, the board is the bearer of this fiduciary responsibility and therefore should properly oversee all operations, including finances, to protect the members of the church.
seven years
Financial Records are traditionally kept for seven years. This relates to the laws of tax audits and the number of years back the IRS is allowed to look when determining an organization's tax liability.
Common Church Budget Categories
Personnel (salaries, benefits, etc.)
Administration (operating expenses)
Facilities and Equipment (utilities, insurance on property, maintenance)
Outreach (missions, evangelism, social events, etc.)